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1:15 PM ET, March 29, 2023

Mediagazer

 Top News: 
Brooks Barnes / New York Times:
Marvel Entertainment chairman Isaac Perlmutter is laid off as part of Disney's layoffs, after he was part of an unsuccessful attempt to shake up Disney's board  —  The move was part of a company cost-cutting campaign and came after Mr. Perlmutter was part of an unsuccessful attempt to shake up Disney's board.
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Adam B. Vary / Variety:
Disney absorbs Marvel Entertainment, which is separate from Marvel Studios, into other units; the divison's president Dan Buckley will now report to Kevin Feige  —  Along with Perlmutter, Marvel Entertainment's co-president, Rob Steffens, and chief counsel, John Turitzin, were also dismissed.
Discussion: Deadline
Max Goldbart / Deadline:
The UK publishes its draft Media Bill that could see Netflix, Disney+, and other US streamers fined up to £250K for breaking harmful material rules under Ofcom  —  The UK government has published its long-awaited draft Media Bill to bring the U.S. streamers under its regulatory framework …
RELATED:
Sara Fischer / Axios:
Substack invites its newsletter writers and others to invest, raising $5M+; source: the raise is an extension of Substack's $65M Series B in March 2021  —  Substack, the newsletter platform, will open up a community fundraising round on Tuesday, allowing writers on the platform to invest in the company.
Aidan McLaughlin / Mediaite:
Sources detail tensions between Tucker Carlson and Suzanne Scott and say Carlson is unaccountable to leadership and operates in his own fiefdom at the network  —  As Fox News finds itself beset by an internal crisis fueled by Dominion's $1.6 billion defamation suit, long-simmering tensions …
Reuters:
A report claims Amazon is considering acquiring theater chain AMC Entertainment Holdings, whose stock initially jumped 18% and closed up 13.19% on March 28  —  Shares of AMC Entertainment Holdings Inc (AMC.N) jumped more than 18% on Tuesday, set for their biggest gain in a month …
Joe Flint / Wall Street Journal:
The NFL and RedBird Capital create EverPass Media to stream NFL games and eventually other events to commercial establishments, starting with the 2023-24 season  —  Sunday Ticket was previously the remit of DirecTV, and YouTube recently acquired residential rights for popular subscription package
@nytimesguild:
[Thread] Comparing compensation increases for The New York Times' CEO and other top executives to salaries for NewsGuild members, who are seeking a new contract  —  The @nytimes recently disclosed the latest compensation packages for our top executives. Among the highlights: Our C.E.O., @meredith_levien, was paid $7.6 million in 2022, up from $4.4 million in 2020. That's a 73% increase.
Ryan Barwick / Marketing Brew:
Google rolls out Ads Transparency Center, letting users search all ads on the platform within 30 days of them running  —  Users will be able to search all ads on the platform within 30 days of them running. … Get out your library cards and pay those late fees: Google is playing librarian.
Sara Fischer / Axios:
Gannett CEO Mike Reed says the company's top ~100 dailies bring in ~90% of its newspaper business revenue so they are “probably where most of our focus will be”  —  - CEO Mike Reed said on last month's earnings call that the company “would entertain bids on any of our markets.”
RELATED:
James Rainey / Los Angeles Times:
A look at the decline of Gannett's The Salinas Californian, whose only original content comes from paid obituaries after its last reporter quit in December 2022
 
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 More News: 
Elias Leight / Billboard:
A Billboard charts analysis: it's a bit harder to get a top 40 hit than 20 years ago, but artists that do have similar odds of building a catalog of big tracks
 Earlier Picks: 
Omari Daniels / Washington Post:
An appeals court restores Serial podcast subject Adnan Syed's murder conviction, after a lower court didn't give proper hearing notice to the victim's brother
Charlotte Klein / Vanity Fair:
A profile of Kara Swisher where she explains why she left The New York Times, the importance of editorial control and owning your IP, writing a memoir, and more
Aamna Mohdin / The Guardian:
The Guardian owner Scott Trust apologizes for the role the newspaper's founders played in the slave trade and announces expanded reporting on Black communities
The Verge:
Elon Musk says only verified accounts will be recommended in Twitter's For You tab and be able to vote in polls to address “AI bot swarms”, starting on April 15
 

 
From Techmeme:

Sam Kim / Bloomberg:
South Korean national statistics data: chip output grew 65.3% YoY in February 2024, the most since late 2009, with demand for AI-related memory driving growth

Kyle Wiggers / TechCrunch:
AI21 Labs launches Jamba, an AI model that integrates two architectures: transformer and Mamba, which is based on the Structured State Space model

Meredith Whittaker / LPE Project:
The TikTok divestment bill will not offer any meaningful privacy protection from China, but it will further entrench the dominance of US-based social networks

 
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